Henderson Far East Income (LON:HFEL) Stock Price Crosses Below 50-Day Moving Average - What's Next?

Henderson Far East Income (LON:HFEL - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 214.26 ($2.88) and traded as low as GBX 204.75 ($2.75). Henderson Far East Income shares last traded at GBX 207 ($2.78), with a volume of 1,234,036 shares changing hands.

Henderson Far East Income Trading Up 0.9 %

The company has a 50 day moving average price of GBX 213.07 and a 200 day moving average price of GBX 223.75. The firm has a market cap of £338.66 million, a PE ratio of -32.83 and a beta of 0.60.

Henderson Far East Income (LON:HFEL - Get Free Report) last issued its earnings results on Tuesday, April 15th. The company reported GBX 5.73 ($0.08) EPS for the quarter. Henderson Far East Income had a negative return on equity of 2.82% and a net margin of 589.91%.

Henderson Far East Income Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a GBX 10.25 ($0.14) dividend. This represents a yield of 1.5%. This is an increase from Henderson Far East Income's previous dividend of $6.20. The ex-dividend date was Thursday, March 20th. Henderson Far East Income's dividend payout ratio is presently -393.80%.

Henderson Far East Income Company Profile

Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets. It makes investments in a diversified portfolio of securities issued by companies listed on stock exchanges in, or which are based in or the business activities are concentrated on the Asia Pacific region or by governments in the Asia Pacific region.